Prime Super appoints two new board directors

Prime Super has appointed two new non-executive board directors, Gemma Dooley and Bev Durston.

The executives commenced their roles on 1 January, 2023 and would take over for Brett Lazarides and Gavin Watson, who retired at the end of 2022.

“Along with my fellow directors, I look forward to working with Gemma and Bev in the years ahead as we manage the hard-earned retirement savings of more than 135,000 members from the agriculture, recruitment, healthcare, aged care, education and other industries,” said Prime Super’s chairman, Nigel Alexander.

“It’s an exciting time to join Prime Super and the fund is in a strong position to continue delivering strong returns for our members over the medium and short terms.”

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Dooley had over three decades of experience in financial services in Asia and Australia. As former CIO for Club Plus Super from 2015-2021, she managed over $3.2 billion of assets on behalf of members. 

She also held non-executive governance roles with organisations including Golf NSW and the Australian Cricketers Association and was a graduate of the Australian Institute of Company Directors and the Australian Institute of Superannuation Trustees (AIST).

Meanwhile, Durston came to the role with deep knowledge in superannuation and investments acquired over more than 30 years. She previously served as a trustee for a UK corporate defined contribution fund and had worked for governments and long-term investing institutions in Australia, the UK and Singapore. 

She specialised in alternative assets and had vast experience in risk management, investments and portfolio management across all asset classes. She was a member of the CFA Institute and Association of Superannuation Funds Australia (ASFA).

Prime Super, formed in 1996 through the amalgamation of four regional super funds, managed over $6 billion in retirement savings.